📊 Trade Setup: $PAXG – Range Play Within Macro Uptrend
🔼 Long Entry: 4,600 – 4,620 USDT (support + EMA confluence)
🎯 Take-Profit Targets:
TP1: 4,650 USDT – Range high
TP2: 4,690 – 4,720 USDT – Upper Bollinger Band (4H)
🛑 Stop-Loss: ❌ 4,560 USDT (Below MA50 + range support)
Risk:Reward: ~ 1:2
⚠️ Risk Factors
Low volatility → patience required
Fake wicks common in PAXG
Strong USD or BTC dump may pressure gold
🚨 Best traded as a slow, structured setup.
#PAXG #cryptotrading #BinanceFutures #GoldBacked #BinanceSquare